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Modern building of Kaleńska 5 is entirely managed by New Work and offers up to 178 work stations on 1,600 sqm of usable floor space on 4 floors. Its character and atmosphere refers...

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Morski Park Handlowy signed up another tenant

Morski Park Handlowy signed up another tenant. Zoo Karina, a pet shop, has leased nearly 625 sq m of retail space at the complex. Real estate advisory firm Savills acts as a property manager and an exclusive leasing agent on the park.

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REGIONAL CITIES ARE BURGEONING - interview with Piotr Skuza, an Associate and a Regional Manager of the office agency at real estate advisory firm Savills

Regional cities are burgeoning and seeing record-high office supply levels. What was the situation on Poland’s regional markets like in 2018? Piotr Skuza, a regional manager, Savills office agency: 2018 was a record-breaking year in terms of new office supply in regional cities. In 2018, the overall office supply in Poland’s eight business regions, excluding Warsaw, climbed to more than 512,000 sq m and there was another 940,000 sq m under construction at the end of last year. At the end of December 2018, total office stock in Poland’s core regional cities (Krakow, Wrocław, Tricity, Katowice, Poznań, Łódź, Lublin and Szczecin) reached 4.9 million sq m. Office developers are stepping up their activity, driven among other things by the growing employment in the BPO/SSC sector, which -according to ABSL’s data - currently employs nearly 279,000 people. Growth in employment in this sector continues unabated, registering an annual rate of approximately 30% and fuelling further demand for office space. Another strong sector is IT, which dominated on the regional markets in 2018, accounting for 34% of all office lease transactions. In addition to Krakow and Wrocław, other cities are also seeing substantial increases in new office supply. Which regional cities are likely to grow the fastest in the near future? Krakow and Wrocław are indisputably the largest regional city office markets with 1.26 million sq m and 1.05 million sq m of office space, respectively. The two cities also recorded the highest supply levels in 2018: 155,200 sq m in Krakow and 146,600 sq m in Wrocław, and the largest volumes of space under construction: 247,000 sq m and 222,000 sq m, respectively. The next biggest markets are Tricity (775,000 sq m) and Katowice (519,300 sq m), followed by Katowice-sized Poznań (479,100 sq m) and Łódź (468,900 sq m). Of the eight regional cities, the two smallest markets are Lublin (194,300 sq m) and Szczecin (159,400 sq m). Besides Krakow and Wrocław, Tricity has the strongest development pipeline of nearly 145,000 sq m. The largest projects currently underway and expected to be delivered in the near future include Alchemia IV Neon, developed by Torus, Olivia Prime B (another office building of the Olivia Business Center) and Wave, the first office project of Skanska Property Poland in Tricity. At the end of 2018, there was nearly 110,000 sq m under construction in Poznań. The biggest projects in the pipeline comprised the second phase of Business Garden Poznań, completed in March 2019 (45,000 sq m, Vastint) and Nowy Rynek A and B (approx. 35,000 sq m, Skanska), the latter now fully let following two large pre-leases. For Poznań, 2018 was not a peak year in terms of supply growth. Office supply barely topped 21,000 sq m delivered across three schemes: Pixel IV and V, Palacza Office and Garbary 67, a revitalised historic office building. Despite this, Poznań retains its strong position on the office map of Poland.     Source: Savills

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Lodz has a new steersman

The first quarter of 2019 brought personnel changes in the Economic Development and International Cooperation Office in the City of Lodz Office. Adam Pustelnik, the former Office Director, has decided to continue his career in the private sector — namely in the real estate sector, where he will continue to undertake a number of actions aimed at promoting the investment attractiveness of Lodz. However, Adam Pustelnik has not said his last word in the office yet and, as it was in previous years, will continue to act as an advisor to Mayor Hanna Zdanowska in the field of foreign investments.

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Global investors’ appetite for Living assets growing

The latest JLL survey reveals an optimistic year ahead for real estate investment in Europe, with Living predicted to achieve 30% growth this year. This upward trend has been seen in Poland as well

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Bank Pekao granted Echo Investment a EUR 65 million loan for the construction of the Face2Face project

The first building of the Face2Face Business Campus office complex in Katowice is reaching its target height, and 93% of its space is already leased or under advanced negotiations with potential tenants. Works on the foundations of the second, higher office building are well underway. The financing of this investment is provided by Bank Pekao.

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SPACEFLOW takes Real Estate From Space-to-rent to Space-as-a-service Business“ -

With co-working experiences booming around the globe, workspaces are becoming much more than four walls and a table. Spaceflow, a Czech startup, challenges our imagination and creativity to reshape how we think of Real Estate. Are we ready for it?

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Green Building Certificates – LEED

In the United States and in a number of other countries around the world, LEED - Leadership in Energy and Environmental Design - certification is the recognized standard for measuring building sustainability. Achieving LEED certification is the best way for you to demonstrate that your building project is truly "green." The LEED rating system offers four certification levels for new construction -- Certified, Silver, Gold and Platinum -- that correspond to the number of credits accrued in five green design categories: sustainable sites, water efficiency, energy and atmosphere, materials and resources and indoor environmental quality. LEED standards cover new commercial construction and major renovation projects, interiors projects and existing building operations. Standards are under development to cover commercial "core & shell" construction, new home construction and neighborhood developments.

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How BREEAM works

BREEAM rewards performance above regulation which delivers environmental, comfort or health benefits. BREEAM awards points or ‘Credits’ and groups the environmental impacts as follows: –Energy: operational energy and carbon dioxide (CO2) –Management: management policy, commissioning, site management and procurement –Health and Wellbeing: indoor and external issues (noise, light, air, quality etc) –Transport: transport-related CO2 and location related factors –Water consumption and efficiency –Materials: embodied impacts of building materials, including lifecycle impacts like embodied carbon dioxide –Waste: construction resource efficiency and operational waste management and minimisation –Pollution: external air and water pollution –Land Use: type of site and building footprint –Ecology: ecological value, conservation and enhancement of the site The total number of points or credits gained in each section is multiplied by an environmental weighting factor which takes into account the relative importance of each section. Section scores are then added together to produce a single overall score. Once the overall score for the building is known this is translated into a rating on a scale of: -Pass -Good -Very Good -Excellent -Outstanding

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